All Auto-enrolment articles – Page 3
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NewsAuto enrolment will be extended to younger workers as bill is granted Royal Assent
A private members bill which will mean that workers under the age of 22 are automatically enrolled into a pension, has passed its third reading in the House of Lords.
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OpinionA woman's right to a decent pension
There is only so much the pensions industry can take on when it comes to society's wider problems, although encouraging more of us to save into a pension is a start writes Pensions Expert's editor Samantha Downes.
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NewsAuto enrolment: Could removal of £10k trigger help low earners save more into a pension
A research report commissioned by the Pensions and Lifetime Savings Association (PLSA) and carried out by the Pensions Policy Institute (PPI) looked at whether removing the £10,000 auto enrolment earnings trigger could help the UK's low earners save more into their pension.
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NewsRetirement and poverty, Scottish Widows warns of growing generation gap
The life office and pensions provider has launched the National Retirement Forecast (NRF) which aims to provide "forensic analysis of the challenges faced by different demographics".
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NewsACA chair balks at funding code for open schemes while backing CDC
Concerns about the new funding code forcing “unnecessarily cautious” funding approaches upon open defined benefit (DB) schemes were raised at the All Party Parliamentary Group’s annual pensions lunch earlier this week.
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NewsLiving Pension: Fighting poverty with better retirement saving
The Living Wage Foundation has launched the Living Pension Employer standard, a voluntary programme for employers who wish to address low levels of pension saving among lower paid workers.
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NewsOne in three single mothers ‘locked out’ of pension saving
One in three working single mothers are ineligible for a workplace pension under current auto-enrolment rules, despite more than half (59 per cent) being employed.
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Opinion‘Why aren’t we on TikTok?’
As communications methods used by pension members become more diverse, we need to consider all platforms, say Eversheds Sutherland partner Charlotte Cartwright and senior associate Alex Lane.
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OpinionAlmost two decades on: The evolution of the PPF
The story of how the Pension Protection Fund was established in 2005, and how we have evolved since has been covered by Pensions Expert over the best part of the past two decades. So now seems like an apt time to reflect on how our story began, how far we have come since, and to look to the future.
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OpinionWe must make investing more open and inclusive for women
The pensions industry must try harder to communicate saving to women, says Faith Reynolds, an adviser to the board at The Investing and Saving Alliance.
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OpinionGovernment disappoints in auto-enrolment inquiry responses
Broadstone head of policy David Brooks is calling on the government to start advising people that current minimum contributions will not be enough for a comfortable retirement.
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NewsAuto-enrolment thresholds held amid cost of living concerns
On the go: The government has confirmed that auto-enrolment thresholds will be held at their current levels for the next year.
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NewsGovt refuses to commit to increase auto-enrolment contributions
The government has refused to commit to increasing minimum auto-enrolment contributions, despite acknowledging that the current statutory contribution of 8 per cent is “unlikely to give all individuals the retirement to which they aspire”.
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NewsInflation drives 18% surge to ‘minimum’ cost of retirement
Retirees trying to achieve a basic standard of living will have seen their expenditure increase over the past year by almost 20 per cent due to high inflation, according to the Pensions and Lifetime Savings Association’s retirement living standards.
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NewsMore than 8.6mn missing out on workplace pension savings
On the go: More than 8.6mn people from “underpensioned” groups are missing out on workplace pension savings, according to a report by Now Pensions.
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NewsNest plans boardroom overhaul in diversity drive
Nest is recruiting for three new non-executive directors as it attempts to improve the diversity of its board, the master trust’s chair has told Pensions Expert.
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NewsContributions surge 40% during decade of auto-enrolment
On the go: Total annual contributions to workplace pensions rose to £114.6bn in 2021, marking a 40 per cent rise since the advent of auto-enrolment in 2012.
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NewsTPR salvages more than £500mn in missing contributions
On the go: The Pensions Regulator has secured more than £500mn worth of late or missing contributions since the advent of auto-enrolment, it has claimed.
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NewsOpperman returns to DWP as minister of state
On the go: Guy Opperman has been appointed as a minister of state at the Department for Work and Pensions, a little over a month after being let go as pensions minister.
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NewsSwitching providers too difficult for employers, DWP finds
Companies rarely switch pension providers as the process is too onerous, the Department for Work and Pensions has discovered.